"UWM's refinance volume doubled compared to Q2 2024 and rose 17% from the first quarter to $12.4 billion, capturing 11% of the industry's total refi volume."
"UWM's gain-on-sale margin improved to 113 basis points, up from 94 bps in Q1 2025 and 106 bps in Q2 2024, reflecting strong operational performance."
"The wholesale lender reached nearly 30% broker channel market share from April through June, marking its highest share since 2009, although aiming to exceed 50%."
"UWM posted net income of $314 million for the quarter, reversing a $247 million loss in Q1 2025, significantly higher than its $76.2 million profit in Q2 2024."
UWM delivered its best quarter since 2021, with refinance volume doubling compared to Q2 2024 and achieving $12.4 billion. The company captured 11% of the industry's total refi volume. UWM's gain-on-sale margin increased to 113 basis points. Broker channel market share reached nearly 30%, its highest since 2009, with a goal exceeding 50%. Net income for the quarter was $314 million, a significant recovery from a loss in the previous quarter and higher than last year's profit. UWM remains committed to innovative technologies to support brokers.
Read at www.housingwire.com
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